Netflix ties Comcast for subscribers, downplays cord cutting

Netflix released its first quarter results today with a profit of $60 million on revenue of $719 million, up 88% and 46% on-year. The video streaming service added 3.6 million global subscribers (US and Canada) between January and March, pushing the company's total subscription count to 23.6 million. Some 22.8 million of those accounts are in the US, which is the same number that Comcast recently reported.

I've been without cable for a year due to Netflix. Netflix could charge double what they are now and I'd still pay for it over Cable. I'm excited over all the streaming competition too. Competition breeds innovation! I'm thinking about getting the Amazon Prime for both the streaming and the reduced shipping. Has anyone tried Amazon Prime or Hulu Plus? You could get all 3 and still be half of what cable is.

I fired Comcast three months ago. Netflix has taken up the slack nicely, and Huluplus has kept me up to date with new shows like House and Tosh.0. As far as Hollywood is concerned most new movies are crap anyways. But the few good movies get mailed to my house by Netflix. I'm saving about 80 bucks a month over Comcrap.